Germany Says EU Open To Idea Of Russian FTA
by Lorys Charalambous, Tax-News.com, Cyprus
29 January 2015
In an attempt to broker an end to the Ukraine crisis, German Chancellor Angela Merkel has said that the European Union would be open to talks towards the launch of free trade negotiations with the new Eurasian Economic Union.
Merkel said at the World Economic Forum in Davos that the possibility of launching talks had been discussed at EU level.
Meanwhile, the nation's Economy Minister, Sigmar Gabriel, said that the EU is keen to offer Russia a way out. "The next step is a free trade zone," he said, talks on which could begin as soon as Russia resolves the Ukraine crisis.
Gabriel encouraged EU member states to consider what could be included in a potential trade deal with the Eurasian Economic Union, comprising Russia, Belarus, Kazakhstan, and Armenia. Kyrgyzstan will officially join the bloc from May.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Should I Incorporate My Business In Texas? »
- International Tax Planning »
- unsurprising teething problems »
- Cyprus Laws and Regulations »
- A warren of rabbit holes »
- GDPR, a possible laughing matter? »
- Why is Hong Kong One Of The Best Place To Base Your International Corporation? »
- Banking in UAE »
- VAT in the Construction Industry »
- Why choose New Zealand as an offshore financial centre? »